Loan Comparison: 5.52% vs 6.5%
11656 Farnese, Peyton, CO 80831 ยท 4bd/3ba ยท $390,000
List Price
$390,000
Assumable Rate
5.52%
Remaining Balance
$427,709
Equity Gap
$-37,709
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-37,709) is less than 5% of the purchase price ($19,500). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-37,709
Effective Rate
5.52%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,342/moAssumable @ 5.52%
$2,434/moYour Savings on This Property
11656 Farnese, Peyton ยท 5.52% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$24,074
interest saved
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